OPEC cuts oil demand forecast for 2024 due to weak intake from China

Aug 12, 2024

The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.

Global crude oil demand continues to decelerate: IEA

Sep 15, 2022

New Delhi [India], September 15 : Growth in global crude oil demand continues to decelerate, weighed down by renewed Chinese lockdowns and an ongoing...

"India's ascent to USD 4 trillion economy fueled by robust growth": Hardeep Puri at World Economic Forum

Jan 16, 2024

India, the world's third-biggest oil importer and consumer, is dependent on crude oil from various sources in the global market to meet its domestic...

China: Shanghai crude oil futures close lower

Jul 12, 2022

Shanghai [China], July 12 : Crude oil futures closed lower Tuesday in daytime trading on the Shanghai International Energy Exchange.

China: Shanghai crude oil futures close lower

Jul 07, 2022

Shanghai [China], July 7 : Crude oil futures closed lower Thursday in daytime trading on the Shanghai International Energy Exchange.

Rupee touches new low for the fifth straight session on Tuesday

Nov 12, 2024

This level, indicative of persistent challenges for the rupee, reflects an ongoing struggle against strong dollar demand, high crude oil prices, and considerable foreign...